Excl: UK govt would oppose any attempt from Sunil Bharti Mittal to increase his stake in telecoms giant BT British govt figure cited the need to maintain sovereign control over “critical national infrastructure” Mittal’s Bharti Enterprises conglomerate bought a 24.5% stake in BT in 2024
UK would block Indian billionaire raising BT stake
Officials cite need to maintain sovereign control over critical national infrastructure
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what do we think of Blank Street Coffee? gift link here. Rpt by @ivanlevingston.bsky.social @georgehammond.bsky.social as.ft.com/r/d8b78c88-b...
Coffee chain Blank Street in talks to raise more than $100mn in fresh funding
[FREE TO READ] Company known for its matcha drinks has rapidly expanded
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The VC firm hunting ‘almost unemployable’ misfits - rpt from @ivanlevingston.bsky.social www.ft.com/content/4d29...
Latest scoop on an education deal that looks like it won’t get over the line…
Financial Times@financialtimes.com · 12mo agoPrivate equity sale of €6bn fee-paying schools group Cognita on brink of collapse on.ft.com/4fF9cFo
Private equity firms made record use of a controversial tactic to cash out their clients by selling assets to themselves in the first half of the year, as they struggle to find external buyers or list holdings - rpt by @antoinegara.bsky.social @ivanlevingston.bsky.social www.ft.com/content/88a4...
Private equity firms flip assets to themselves in record numbers
Use of continuation funds to cash out investors comes amid prolonged downturn in dealmaking
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Elon Musk backer Vy Capital closes to outside investors after windfall-Vy has become a vital player in financing Musk’s dealmaking. In 2022, the group committed $700mn to Musk’s bid for Twitter — which… www.ft.com/content/a33f... @ivanlevingston.bsky.social @financialtimes.com
Elon Musk backer Vy Capital closes to outside investors after windfall
Secretive tech investment group has racked up gains after backing companies such as SpaceX and xAI
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Interesting one from @ivanlevingston.bsky.social @leeharris.ft.com Cyber a growth market for insurance. It's the kind of IPO London should be targeting you'd say www.ft.com/content/716e...
Private-equity backed insurer CFC weighs London listing
Cyber specialist group owned by EQT and Vitruvian is targeting a potential £5bn valuation
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…the implementation of promised reforms by the government and the stock exchange needed to outweigh complications caused by Brexit, the people said. @ivanlevingston.bsky.social
Private equity-backed Visma picks London for blockbuster tech IPO—The decision to proceed with a listing in London early next year was provisional and contingent on… www.ft.com/content/f08c... @alexandraheal.bsky.social @financialtimes.com
Private equity-backed Visma picks London for blockbuster tech IPO
Hg’s €19bn software group provisionally selects UK over Amsterdam for listing next year
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Revolut chief in line for Musk-style payday at $150bn valuation-The London-based start-up’s profits more than doubled to £1bn last year as it surpassed 50mn customers… www.ft.com/content/c93e... @ivanlevingston.bsky.social @financialtimes.com
Revolut chief in line for Musk-style payday at $150bn valuation
Nik Storonsky struck deal before SoftBank funding round that awards him more shares if valuation clears set hurdles
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‘Royal Match’ maker Dream Games valued at almost $5bn in CVC deal-Dream Games has taken a different approach to most mobile developers, focusing on creating characters and storylines that would help retain users, and… www.ft.com/content/eeb1... @tim.fo @financialtimes.com
‘Royal Match’ maker Dream Games valued at almost $5bn in CVC deal
Move will result in huge windfall for Turkish gaming company’s venture capital backers
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Spain’s €20bn telecoms group MasOrange explores IPO-A MasOrange listing would provide some momentum to Europe’s IPO market, which has been slow… www.ft.com/content/f2d0... @kieranjsmith.bsky.social @financial-times.bsky.social
Spain’s €20bn telecoms group MasOrange explores IPO
Listing would provide momentum to Europe’s IPO market
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FT SCOOP: US venture capital giant Andreessen Horowitz is in talks to invest in TikTok as part of an effort led by Trump to wrest control of the popular video app from its Chinese owners on.ft.com/4iXce94 w @antoinegara.bsky.social @ivanlevingston.bsky.social & @georgehammond.bsky.social
Andreessen Horowitz in talks to help buy out TikTok’s Chinese owners
[FREE TO READ] Venture capital group could join last-gasp bid by allies of Donald Trump to take control of video app owned by ByteDance
on.ft.com
US activist Elliott takes 5% stake in RWE-RWE, one of Europe’s largest power producers with a significant renewables portfolio, last week announced it would slash €10bn in capital expenditure on green technologies… www.ft.com/content/54ed... @ivanlevingston.bsky.social @financial-times.bsky.social
US activist Elliott takes 5% stake in RWE
Hedge fund calls for German energy group to accelerate share buybacks
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‘An insane offer’: the cyber start-up founder who squeezed another $9bn from Google—Wiz has emerged as a leader in the field of providing cyber security for the cloud, benefiting from… www.ft.com/content/64b3... @georgehammond.bsky.social @financial-times.bsky.social
‘An insane offer’: the cyber start-up founder who squeezed another $9bn from Google
Wiz chief executive Assaf Rappaport agrees higher sale price after turning down $23bn offer last summer
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Google parent Alphabet agrees $3.2bn break fee in Wiz deal—The large break fee shows how technology companies continue to brace themselves… www.ft.com/content/e6f5... @arashmassoudi.bsky.social @financial-times.bsky.social
Google parent Alphabet agrees $3.2bn break fee in Wiz deal
Decision reflects risk regulators could block takeover of cyber security start-up
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Adnoc and OMV announce deal to combine petrochemical assets-As the world’s appetite for gasoline and diesel begins to be eroded by the rise of electric vehicles, Middle Eastern oil producers… www.ft.com/content/0a12... @ivanlevingston.bsky.social @financial-times.bsky.social
Adnoc and OMV announce deal to combine petrochemical assets
Two companies say they are creating world’s fourth-largest group in plastics called polyolefins
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Larry Fink of BlackRock briefed Marco Rubio and Trump about the Panama Canal port deal, according to this report from @ericgplatt.ft.com @kayewiggins.ft.com Chan Ho-him @ivanlevingston.bsky.social www.ft.com/content/81a1...
The billionaire elite who answered Donald Trump’s call on Panama Canal
How Li Ka-shing, Larry Fink and Adebayo Ogunlesi struck a $22.8bn ports deal within weeks
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“I just don’t see who’s going to use it" Investors aren't bowled over by Pisces, the private share trading plan that increasingly seems to be carrying a lot of City-revival hopes Story from @alexandraheal.bsky.social, Martin Arnold, @ivanlevingston.bsky.social www.ft.com/content/8a70...
Rachel Reeves’ private share trading plan criticised by executives
Venture capitalists question who would use system designed to arrest slide of UK capital markets
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Monzo is stepping up IPO prep as it debates where to list: US vs UK Scoop: on.ft.com/40Kn1vt
Fintech Monzo looks to US as board debates where to float
[FREE TO READ] Chief executive leaning towards New York listing, while board favours home market of London
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Scoop: investment firm Canaccord explores potential sale of U.K. wealth business, by @ivanlevingston.bsky.social and Harriet Agnew www.ft.com/content/5d11...
Canaccord explores options for UK wealth management business
Canadian financial services group working with Fenchurch Advisory on a strategic review of the venture
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Marc Rowan emerges as a top contender to be Donald Trump’s Treasury secretary www.ft.com/content/cbe0...
Marc Rowan emerges as a top contender to be Donald Trump’s Treasury secretary
Private equity billionaire is considering job and is set to meet president-elect on Wednesday
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Klarna’s US listing is a sad reflection of Europe’s failings to develop a single market - column by @richardmilne.bsky.social here www.ft.com/content/a448...
Klarna’s US listing is a sad reflection of Europe’s failings
Until there is a single market in areas from services to capital markets, more companies will choose American exchanges
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Permira made bank on its Klarna position. One of the better trades out there->
notable column by GB News/ Spectator owner Paul Marshall on Donald Trump's policies: "What is not to like?" www.ft.com/content/51d8...
For Elon Musk world, financially, it is time to make hay while the sun shines www.ft.com/content/342e...
Valuations at Elon Musk’s SpaceX and xAI set to soar in new deals
Billionaire’s rocket builder plots huge share sale while AI start-up closes in on $5bn funding round
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